New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-06-25

Esas SSias sss s an:n s.s ssa asSes They
s:ssa 20 e. 81. ING e
sS.11 yeS &. ' aso.s
road tho sC~% sd o. 1sS su vent there
isa shs natter ought 6 b COZ sG1id ssS
az AZ: :sa e' e 70 Sss'a
Ts .sa ,:sE
o %sn St ~ pocss s asked
library hin. took scat S F hs }hs ss
had money and % and gave him tho assign
o.what the size Of the bisi A-As near as ro00'
Mr. Parsons had no question to ask Mr. Phelps for the
enh Avenue Road was present the meeting of the d.
on July 90 1854 voted for the a
Of depot and extending the iaee: OF ,6 5Ss
was said at that meeting a1ou. nesO;S snds
% as the no. know Of how log the $4,000 S'rs a
although lie voted for the resolution Approving ,ne,r
ns IN tho
him II be gentleman Of leisure and he said ne was
Seventh Avenue road and owner $50 shares also e1
hbed great lack Of Lnowedge as TO hc why o i ths
directors which he attended He never knew ana nv
know now What s had Ss eo HnS the
George Law testified afternoon session that he
the meeting at which it resolved to issue s5ooo0o
OF bonds lie did know what became OF the ers
sold when the Philadelphia syndicate came In. .n,.
John j. Bradley, director OF the seventh Ave1 Tue
Board, when the second mortgage bonds for 100000
authorized He asked MI Foshay wnat 'ne TO
put up buildings and extending the Iace Of tho
road in view OF the road becoming the posses'of Oh '"0
John H. Murphy. another director said ,hat ne mer
nothing OF the Issue of these bonds until N0DenDcl
1884. He had 10 knowledge how the Soooooo WIZ" eA
pended - -, ., .. rood from
1879 10 1856 During 1884 lie was out OF town rom .o
middle OF July to the beginnpS OF 0ssooe sacment
read lie did not know before that the bonds hu p1e
ad the extension Of the road He neverhad any knowl
edge how the money was expended nntll inc ech"'o "
vestgating Committee began It's WORK
PECULIAR KIND OF BOOKKEEPING.
William j. Ramsey bookkeeper of the Seventh Avenue
road said that prepared the railroad and reasurers
report He recollected the resolution passed on July
o. authorizing the 100000 Of second mortgage ponds
During the ensuing year he kept both the cash DOCK anu
ledger and the check books Of the way Ba1s Saa
bee issued nor to %ha ne used for the
purpose Of charging the depot contract So"s
made for this SnG9 6sD op 5o w nc pnS
from he general receipts No entry was ever made on
the book of any money received from the SAFE Si
the bonds 1t reported TO him that the pohus
After this Important statement trcasurers reports
were handed to the witness and idenihcd. But Mf.
Nico took him back to the bonds ana inc MI VIZ
p proceeds ssH o, ' fortSseven of bis
hands through James b. Kerr. Then ex-Judge Nelson |
objected putting the treasurers reports III evidence Oh
the ground that shsrp had no hand in making them.
Judge Barrett overruel the objection In the Ledger M
NicoI found an entry IN the Witness handwriting OF |
900 on account bonds but witness did not reme
Der told him to make the entry Geng paeS 10 b .e
and testified that no mention was made OF Sooo'ooo Vi
second mortgage bonds or the proceeds thereiroin &c.,,
The vouchers then over. and one was iounu
for $3.50 for lithographing 300 second MORTGAGE o9s
Brown kers commission on the sale OF bonds 10
all OF this evidence exJudge Nelson strongly opee.eu
these entries aud had had nothing 10 do with
them but the Judge ruled t05 n never PeS sen
Mr. sharp make entry in the books or reet one 10 ne
made, or even to examine the books Mr sharp was
simply a director and, as far as the witness knew, mad
no information about the company other than at OBJ
sul boos keeper and auditor of The company.
CHARLES Townsend. expert enpioye1
Avenue road. on suggestion OF Mr. scriOner on sep
te%beT ISL nd Inc goeIs 81 e 20 se pa the
report He noticed the resolution ms 10 the issue OF lhe
and Mr. Kerr he made the entry In regard to it. This
entry extended one and in regard 10 w'hess
said:
These bonds were having been ssued
credit g. me S1I yS s 'PS% Of Of
which n ~ d %ssT rial S Sss At
that asfed both Mr. Rerr and is
the to find Do snS ds for .sd
he MINUTES noticed dd ss m TssP to- So
debit Contract under the e y s ap %, july -
oDThen what does Awe the meaning Of
e eal. d in ymerearte Gookkeepns suspense account
which temporary entry to be explained or corrected
railroad report, s ,% ssG9 Soq The
5000 mortgage bonds the disposal OF wen ma
PS s.UT or but mt that II. G not part
the Sa or eGG an cn IN. and s
The witness went to say that he went to the Sew
enth Railroad office about the tenth or fifteenth
10 balance the 100000 ON June 80, 1882 oy certain
vouchers which he copied In the Journal ME- Parsons
he
produced, and the court agreed wta nun; Ma; Nieoi,
Ss'S sa. but SV that they had disappeared he
recalled Mr. Ramsey the bOOkkssper uo.S who
Two Of them bore the signature of Mr. sharp one
for s237633 for horses and harness. and The other
This evidence of Mr. sharps close connection with the
road VI. ws rSe M nse the
was recalled aud gave further evidence as 10 the six
vouchers. They read as follows
jacob sharp seventy nve Pull man 1000 90 |
Legal expenses. Robinson scribner Bright 1856 68
Legal expenses. Alexander Green 90 coo 90 90
Total s46S,OoO 90 |
This with the Si7 900 put back by Mr. Kerr interest
made up the sum TO S50O0OO, and balanced win the
mortgage entry In the payments to sharp there
that 1t occurred in dividing the two amounts due to Mr.
sharp He made the alteration at the suggestion or MI
Foshay. He had now no means OF telling what the orig
1t Was now that Mr.. Parsons arose without the smile
enter protest the In which the defence
was treated The Judge had ruled that anything
against Richmond FOsbay or Kerr might go TO the jury
But granted that the prosecution had the right 10
claim this conspiracy there came time when Mr.
Sharp be protected against things which he never
knew and had no part In. Mr.. Ncoll struck In. and
then turned around and asked Mr. Parsons TO excuse
him. but Mr. Parsons vigorously declined to do anything
OF the kind Mr. Nicoll said that there was no question
before court and Judge Barrett made some observa
ton, at which Mr. Parsons threw out his arms In
theatrical fashion and exclaimed
us 1t possible this court will not permit statement
from the defence Cannot we be heard in The name or
client r.
Judge Barrett looked Just the least bit annoyed and
fairly long speech himself considering the small
In the OF this lie said that he ruled
point Just he asked The entries
made upon the books pursuant TO sharPs
vouchers should be admitted evidence,
but the changing OF the books inafmssibo
unless the prosecution showed that II was done directly